The government is introducing two significant reforms that will affect property transactions and rental properties, including those owned by trusts. IRD numbers and capital gains Currently, anyone who buys a property with the intention of selling it for a gain is liable for tax on any gain....
BlackmanSpargo Rural Law Limited welcomes both Sandy Van Den Heuvel and Rachel Petterson to the firm as Directors and shareholders. Both Sandy and Rachel have been with BlackmanSpargo since its inception in 2003. They specialise in all aspects of rural law with their co-Directors Ian Blackman...
With more than an 200 cows dead or left with liver and kidney damage, and no definitive answer about the cause, farmers are nervous about what to plant over coming weeks for next winter’s crop. See Ian Blackman’s comments in the October issue of NZ Dairy...
The Geyser Community Foundation exists for the purpose of ensuring charitable gifts in the Rotorua and Taupo districts are managed as originally intended. People can leave money for the benefit of the Rotorua and Taupo communities generally, or set up their own named endowment fund and...
For those of our clients who have an off-farm investment in the form of a cross-lease residential, rental or bach property, this article is for you. Often, there comes a time where you decide that you would like to add another bedroom, extend the living area...
Holding open homes, getting the right price, moving, and finding another property can all be stressful. Before you embark on that process there is one important matter that should be given some serious thought, and that is the terms of the listing authority (or agency...
Ian Blackman talks about succession planning at this OneFarm presentation. ...
A topical issue for many farmers is the common industry practice of averaging wages for employees over the season. There are many reasons why averaging of hours is preferred. It is difficult to anticipate the hours that an employee will spend working because of the seasonal...
It is becoming increasingly common for lenders (usually banks) to require third parties to give guarantees for the obligations of a borrower. Where the borrower is associated with other entities the bank wants to ensure that securities given to the bank by the other entities...
As your farming business grows and you need extra accommodation on your property for additional staff, a manager or a sharemilker, you may consider building a new home on your property. While building a new home can be an exciting time, it may also become stressful...